Perth & Kinross Council and the Binn Group, the driving force behind Binn Eco Park, are set to strengthen their joint working and engagement today (Friday 2 August 2019) with the signing of a Memorandum of Understanding (MOU). The MOU aims to develop a structured approach to discussions, co-ordination and joint promotion to attract further investment, research and employment opportunities to the Binn Eco Park and city.
Council Leader, Councillor Murray Lyle said: “Signing a MOU with the Binn Group is part of our work in developing our new Perth and Kinross Offer. We are looking to engage positively with local landowners and developers to promote strategic sites and investment propositions.”
Allan MacGregor, Chief Executive of Binn Group said: “ I am delighted to be signing this MOU and excited at the opportunities going forward for the Binn Group and Perth and Kinross. We anticipate this partnership will create high tech, high value employment opportunities throughout the region and further afield.”
Binn Eco Park is a next generation site with an established and growing circular economy focus on waste management, renewable energy and eco–innovation.
As a result of the Tay Cities Deal, up to £300m has been committed for public sector investment by the UK and Scottish Governments into 23 projects across Perth and Kinross, Dundee, Angus and Fife, providing a catalyst for economic growth and helping to cement relationships between local authorities, commercial bodies and other service providers.
Binn Eco Park is among the initiatives set to benefit, with a clear commitment from the UK Government through the investment of £5.2m to support development of a two-phase project to build the world’s first advanced plastic reprocessing facility in the Tay Cities Region.